1502 South Lakeside Drive, Unit 118

Lake Worth Beach, FL 33460

$140,000
Price
1
Bed
658 Sq. Ft.
$213 / Sq. Ft.
658
Sq. Ft.
$213
per Sq. Ft.

Description

Worried about the assessments? Don't be! With any full price offer, they will be paid by the seller at closing, (~18K$) and you will have free and clear title along with a worry free existence! This building has had extensive renovations that have turned out absolutely stunning! Attached you will find the repairs that were done including a NEW ROOF! Closing out the 40 yr. inspections. There were Impact windows installed in 2021 ($7K), Newer HVAC system in and out ($5500) not much more you can ask...Worried about the assessments? Don't be! With any full price offer, they will be paid by the seller at closing, (~18K$) and you will have free and clear title along with a worry free existence! This building has had extensive renovations that have turned out absolutely stunning! Attached you will find the repairs that were done including a NEW ROOF! Closing out the 40 yr. inspections. There were Impact windows installed in 2021 ($7K), Newer HVAC system in and out ($5500) not much more you can ask for. It is Original but clean, all new tile floors, ready for you to go in with your imagination and turn this canvass into a masterpiece! This is a perfectly located unit right inside the front entrance, on the first floor, with the laundry room just steps away, as well as a patio door access!

Property Details for 1502 South Lakeside Drive, Unit 118

Subdivision
PALM LAKE 1 CONDO
Design
4+ Floors
Waterfront
Yes
Waterfront Details
Intracoastal Front, Seawall
View
Other
Furnished
Unfurnished
Style
Condo 1-4 Stories, WF/No Ocean Access
LISTING UPDATED: 01/27/2025 04:52 PM

Property Details for 1502 South Lakeside Drive, Unit 118

StatusActive
MLS #RX-11056110
Days on Market34
Taxes$1,982 / year
HOA Fees$503 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo/Coop
Year Built1973
CountyPalm Beach County

Building

PALM LAKE 1

71 Units4 StoriesBuilt in 1973

Building Information for 1502 South Lakeside Drive, Unit 118

Building/ComplexPALM LAKE 1Floor1Stories4Residences71Pet PolicyNot AllowedPet Policy DetailsNoYear Built1973

Property Information for 1502 South Lakeside Drive, Unit 118

Summary
Location and General Information
  • Property Condition: Resale
  • Development Name: PALM LAKE
  • Directions: lantana Rd E to Fed N to 15th Ave S E to building on the right
  • Elementary School: Barton Elementary School
  • Middle School: Lantana Middle School
  • High School: Lake Worth High School
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Special Info: Sold As-Is
  • Street Number: 1502
  • Subdivision Complex Bldg: PALM LAKE, PALM LAKE 1 CONDO
  • Municipal Code: Lake Worth Beach
  • State: FL
  • City Postal ID: 33460
  • MLS Area: 5610
  • MLS Sub Area: PB16
Parking
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Parking: Assigned Parking, Guest Parking, Street Parking
  • Num Parking Spaces: 1
  • Covered Spaces: 0
Taxes and HOA Information
  • Governing Bodies: Condo
  • HOPA: Yes-Verified
  • Association Deposit: No
  • Tax Year: 2024
  • Application Fee: $150.00
  • Maintenance Fee Incl: Cable, Common Areas, Common R.E. Tax, Elevator, Insurance-Bldg, Laundry Facilities, Lawn Care, Maintenance-Exterior, Management Fees, Parking, Pool Service, Sewer, Trash Removal, Water
  • Capital Contribution: No
  • HOA Dues: $503
  • Type of Governing Bodies: Condo
Property
Lot Information
  • Area: 5610
  • Bldg #: 1502
  • Front Exp: North
  • HOA Amenities: Mandatory
  • Lot Description: East of US-1, Paved Road, Public Road, Sidewalks
  • Parcel ID: 38434434150011180
  • Property Group ID: 19990816212109142258000000
  • REO: No
  • Special Assessment: Yes
  • Sq Ft Total: 713
  • Square Ft Source: Tax Rolls
  • Zoning: SF-7(c
  • Front Exposure: North
Property and Assessments
  • Legal Desc: PALM LAKE NO 1 COND UNIT 118-N -
  • Unit Floor #: 1
  • Unit Desc: Interior Hallway, Lobby
  • Sq Ft Liv Area: 658.0
  • Legal Description: PALM LAKE NO 1 COND UNIT 118-N -
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Equip/Appl Included: Dishwasher, Microwave, Range - Electric, Refrigerator, Water Heater - Elec
  • Exterior Features: Auto Sprinkler, Screened Patio, Zoned Sprinkler
  • Private Pool: No
  • Security: None
  • Storm Protection: Impact Glass: Complete
  • Subdiv Amenities: Bike - Jog, Boating, Clubhouse, Common Laundry, Elevator, Fitness Center, Game Room, Picnic Area, Pool, Sauna, Sidewalks, Street Lights
  • Waterfrontage: 0
  • Year Roof Installed: 2023
  • Gated Community YN: No
Interior Features
  • Roof: Comp Rolled
  • W/D Allowed: No
  • Cooling: Central
  • Flooring: Carpet, Ceramic Tile
  • Heating: Central
  • Interior Features: Entry Lvl Lvng Area, Walk-in Closet
  • Window Treatments: Impact Glass
  • Dining Area: Dining-Living
  • Main Level Bedrooms: 1
  • Main Level Bathrooms: 1
  • Guest Accommodations: No
  • Master Bath Features: Combo Tub/Shower
  • Master Bathroom Description: Combo Tub/Shower
  • Baths Total: 1
  • Spa: No
Master Bedroom
  • Primary Bedroom/Bath: Combo Tub/Shower
Multi Family
Multi-Family Information
  • Stories: 4.0
Rental
Rental Information
  • Pets on Premises: No
  • Other Fees: $150
  • Minimum Num of Days for Lease: 90
  • Pets Allowed: No
  • Lease Times per Year: 1 x calendar yr

Property History for 1502 South Lakeside Drive, Unit 118

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1502 South Lakeside Drive, Unit 118

Taxable ValueLand-Additions$105,000Total-
Tax Record2024$1,982 ($165 / month)
Home Facts
Beds1Baths1Total Finished SqFt658 SqFtAbove Grade Finished SqFt658 SqFtStyleCondominiumYear Built1973CountyPALM BEACHAPN38-43-44-34-15-001-1180

Schools near 1502 South Lakeside Drive, Unit 118

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Barton Elementary School
PublicPK to 5

Lantana Middle School
Public6 to 8

Lake Worth High School
Public9 to 12

Palm Beach Maritime Academy High School
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1502 South Lakeside Drive, Unit 118 is a condo for sale in Lake Worth Beach, FL 33460. This property was listed for sale on January 27, 2025 by True Blue Realty Inc, it's currently listed at $140,000. It has been on the market for a total of 34 days and was last sold on April 5, 2007. This listing's school district is Palm Beach. Nearby schools include Barton Elementary School, Lantana Middle School and Lake Worth High School. 1502 South Lakeside Drive, Unit 118 is a 1-bed, 1-bath, 658 sqft condo built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of True Blue Realty Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.